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U.S. Economic Outlook
Mr. Greenspan talked about the state of the economy and the progress of economic recovery. He warned of the danger of continued deficit spending and urged Congress to extend spending limits.…
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WorldCom Financial Situation
Current and former company executives testified about accounting errors that resulted in a $4 billion mistake on reports of company earnings. Mr. Ebbers and Mr. Sullivan refused to answer qu…
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Budget Resolution Markup
In an evening portion of a day-long meeting, committee members considered various amendments and changes to the fiscal year 2003 federal budget resolution.
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Budget Resolution Markup: Opening Statements
Committee members made opening statements and considered amendments and changes to the fiscal year 2003 budget resolution. The proposal was labeled as a “wartime” budget and relied on White …
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